Acquiring Company
Bondcote Performance Textiles
Acquired Company
Graniteville Specialty Fabrics
Description
Bondcote Performance Textiles has announced its acquisition of Graniteville Specialty Fabrics. This strategic move will enhance capabilities and customer partnerships in the defense and industrial textile markets. The integration will leverage both companies' strengths in coating technologies and customer service. GSF will continue operations from its Graniteville facility while integrating into BPT.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed